Black market
MARKET IN WHICH GOODS OR SERVICES ARE TRADED ILLEGALLY
Black Market; Black Economy; The Black Economy; Black-market; Shadow economy; Unlicensed vendor; Black market economy; Black money; Black Marketeer; Underground market; Underground Economy; Blackmarket; Black economics; Black economies; Black markets; Black-markets; Blackmarkets; Shadow economies; Shadow economic; Shadow economics; Parallel economy; Parallel economies; Parallel economic; Parallel economics; Black monies; Hidden economy; System D (black market); Illegal trade; Underground economy; Black economy; Black marketeering; User:Factfox/illicit trade; Black marketeer
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal.